Business & Economy

Nigeria's cost-of-living crisis has pushed the federal government into one of the boldest tariff overhauls in years, cutting import duties on vehicles, food staples, and industrial inputs even as it...

The Central Bank of Nigeria (CBN) has drawn a hard line under one of the more contentious grey areas in the country's bank resolution framework, telling lenders and their counterparties...

The naira firmed against the dollar in both official and parallel markets midweek, even as the spread between the two widened, a trend analysts say is worth watching in the...

Oil prices extended their losing streak into a third consecutive session on Thursday, sliding further as traders grew more confident that supply disruptions tied to months of turmoil around the...

Nigeria's state oil giant, the Nigerian National Petroleum Company Limited (NNPCL), closed out May 2026 with softer top-line and bottom-line numbers, even as its upstream production held firm and its...

After more than four decades as one of the World Bank's largest borrowers, China is set to be weaned off the institution's financing entirely, with a new country partnership framework...

The naira opened the second half of 2026 as it has for weeks, with official and street rates trading close together, a sign, analysts say, that the CBN's push to...

Oil prices inched higher on Wednesday as traders weighed the risk that a stumble in negotiations between Iran and the United States over a lasting end to their war could...

The Economic and Financial Crimes Commission (EFCC) has recovered over N38.66 billion in cash and assets in what investigators describe as one of the most far-reaching financial probes in the...

Flight operations have returned to normal at the temporary international terminal of the Murtala Muhammed International Airport (MMIA) in Lagos, following a flooding incident on Sunday that briefly disrupted activities...